How Foreign Entity start business in Maldives

S & F CONSULTING FIRM LIMITED is an international business consultancy firm. It offers lower cost & high quality service for the clients.

Contact information: 

www.sfconsultingbd.com

Email: contact@sfconsultingbd.com

Mobile: +880 01790220729 or, +880 01790220728

Corporate Office, Dhaka, Bangladesh

Service area:

1. Foreign company registration ( 100 % foreign owned share, Joint Venture, Branch/ Liason / Virtual office)
2. Legal
3. Accounts Audit
4. Income Tax
5. Company Secretarial

We are all Countries of Asia

  Afghanistan, Armenia, Azerbaijan, Bahrain, Bangladesh, Bhutan, Brunei, Burma (Myanmar), Cambodia, China, Georgia,  Hong Kong, India, Indonesia, Iran, Iraq,  Israel, Japan, Jordan, Kazakhstan, Korea, North, Korea, South, Kuwait, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, Oman, Pakistan, Philippines, Qatar, Russia, Saudi Arabia, Singapore, Sri Lanka, Syria, Taiwan, Tajikistan, Thailand, Turkey, Turkmenistan, United Arab Emirates,  Uzbekistan, Vietnam, Yemen 

FOREIGN INVESTMENTS IN THE MALDIVES

Foreign investors may choose, either to set up an investment wholly owned by foreigners or form joint ventures with Maldivian Nationals or companies registered in the Maldives. As such foreign investments may enter the Maldives under the following

OPTION 1

Registering a joint venture investments whose ownership of 51% or more is held by a Maldivian  or wholly owned Maldivian entities incorporated in the Maldives.

OPTION 2

Registering investments whose ownership of 51% or whole held by foreigners or entities incorporated outside of the Maldives.

COST OF DOING BUSINESS

The following fees are to be paid to the Registrar of Companies

at the time of incorporation of a Company in the Maldives.

1. Annual fee USD 156 (approx)

2. Stamp fee USD 39 (approx)

3. Company registration fee; depends on the authorized registration fee capital of the Company (Minimum authorized

capital of USD 156 [approx.] is required by Law)

4. All foreign investments incur an administrative fee of USD

2,000.

Cost of re-registering a Company in the Maldives - Re-registering a Company resident overseas in the Maldives is free.

Foreign investment entities whose ownership is at least 51 percent held by Maldivians or wholly owned Maldivian entities incorporated in the Maldives, are required to pay an annual royalty equivalent to 1.5 percent of Gross Turnover or 7.5 percent

of Net Profit, whichever is greater

Foreign investment entities, in which, less than  51 percent of the ownership is held by Maldivians  or wholly owned Maldivian entities incorporated  in the Maldives, are required to pay an annual  royalty equivalent to 3 percent of Gross Turnover or 15 percent of Net Profit, whichever is greater.

INCENTIVES TO FOREIGN INVESTORS

• Right to100%foreign ownership

• Legally backed investment guarantee

• Provision for overseas arbitration of disputes

• Long term contractual agreements and long term lease of land

• Freedom to use foreign managerial, technical and unskilled

workers.

• No foreign exchange restrictions.

• No restrictions on the repatriations of earnings or profits

www.sfconsultingbd.com